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BP Withdraws From Drilling Great Australian Bight

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veronica-barrett
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The Great Australian Bight has been estimated to have a field a similar size to that of the gulf of Mexico. Just as well the outrage by environmental activists was enough to scare BP away.
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The environment plans submitted by BP for drilling in the Great Australian Bight remain under assessment by Nopsema. This assessment process will proceed until the environment plans are withdrawn by BP.
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BP has announced it will not proceed with plans for exploration drilling in the Great Australian Bight, offshore South Australia.
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This is a win for nature. We all know what a BP drilling site can do the wildlife and natural balance of nature. I am sure this is not going to hurt their bottom line one bit but at least nature will get a piece of its land back. I do feel sorry for the people that will lose their jobs.
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If BP with all its experience cannot produce an acceptable drilling plan for NOPSEMA, the remaining companies exploring in the Bight will be wasting their shareholders' money trying to pursue this folly," Mr Schneiders said.
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Less than two weeks ago Nopsema found BP’s environmental plans inadequate for a third time. Nopsema said in a statement it was aware of BP’s announcement but that BP had not yet withdrawn its environmental plans.
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This is great. I wonder what prompted this policy change?
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Environmentalist have stressed how depleting the earth of it's natural resources would have implications. Apparently BP is starting to realize this.
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They probably got all the oil they possible could out and are moving on to another site.
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